SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Connecticut nonmetropolitan area

Bookkeeping, Accounting, and Auditing Clerks in Connecticut's nonmetropolitan areas earn an average annual salary of $55,930, surpassing the national average of $51,940. This higher compensation is likely influenced by the specific economic drivers and demand within these regions, reflecting a localized premium for essential financial administrative roles.

Executive Summary

  • Average Salary: $55,930 per year.
  • Growth Trend: Salaries have shifted 25.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,060.
  • Outlook: With a total local workforce of 710 individuals in this role, the Connecticut nonmetropolitan area demonstrates a stable, albeit modest, employment base for Bookkeeping, Accounting, and Auditing Clerks. The Location Quotient of 1.14 suggests a slightly higher concentration of these professionals compared to the national average, indicating a steady demand that aligns with or slightly exceeds national trends.
2024 Market Data

Salary Overview

$55,930

The average Bookkeeping, Accounting, and Auditing Clerks in Connecticut nonmetropolitan area earns+7.7%above the national average.

BreakdownBased on 40h/week
Hourly

$26.9

Weekly

$1,076

Monthly

$4,661

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Connecticut nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with specialized skills and years of experience can command salaries in the upper percentiles, significantly exceeding the average. These percentile gaps highlight the substantial earning potential tied to career advancement and skill development.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,120$18.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,948$20.2
ManagerOversees team, compliance, and project delivery.50% (Median)$53,180$25.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,913$33.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$77,060$37

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$55,930

Gross Pay

Real Wage (Purchasing Power)

$55,930

Adjusted for COL (100)

The nominal average annual salary of $55,930 in Connecticut's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that while the pay is higher than the national average for the role, the cost of living does not inflate or deflate this benefit significantly within these specific regions.

Job Market Context

710

Total Jobs

10.742

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Connecticut nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.14 indicates that Bookkeeping, Accounting, and Auditing Clerks are 14% more concentrated in Connecticut's nonmetropolitan areas than the national average. This suggests a healthy and slightly more robust job market for these professionals, implying that employers in these regions may actively seek out and value this specific skill set, potentially leading to more opportunities and competitive compensation.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Connecticut nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Connecticut nonmetropolitan area is $55,930. This typically ranges from $39,120 for entry-level positions to $77,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Connecticut nonmetropolitan area is 7.7% higher than the national median of $51,940.

Is Connecticut nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it offers a slight advantage.The average salary of $55,930 is higher than the national average, and the cost of living is on par with the national average. This combination presents a favorable financial standing for these professionals in the region.

Is Connecticut nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Connecticut nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Connecticut nonmetropolitan area?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($58,150) and Waterbury-Shelton, CT.

How does the local workforce size impact job availability?

A local workforce of 710 suggests a dedicated pool of talent, indicating a stable demand for these roles within the nonmetropolitan areas of Connecticut.

What does a Location Quotient of 1.14 signify?

It means that these roles are 14% more prevalent in Connecticut's nonmetropolitan areas compared to the national average, suggesting a slightly stronger job market concentration.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the $55,930 salary has the same purchasing power as the national average, meaning your earnings stretch as far as they would nationally.

What is the national average salary for this role?

The national average annual salary for Bookkeeping, Accounting, and Auditing Clerks is $51,940.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Connecticut nonmetropolitan area area with a job density of 10.742 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.